Underwriting Jobs in Romeoville, IL

An Underwriter in the insurance industry is responsible for assessing risk and eligibility of potential clients. They play a key role by examining insurance applications and determining whether to provide insurance, and under what terms. Insurance underwriters use software to help analyze information and make decisions. They are essentially the ones who decide if an insurance company should take on a potential policyholder and how much premium to charge for taking on risk. This decision is made based on the potential client's risk profile, which is evaluated using technical data and statistical models.

Important skills for an insurance Underwriter include analytical skills, decision-making abilities, attention to detail, and good judgment. They must be able to process complex information and make sound decisions. To increase their competency and credibility in the industry, Underwriters can pursue professional certifications such as Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (ACU), or Associate in Personal Insurance (API). Prior to becoming an underwriter, individuals may have roles such as Insurance Agent, Claims Adjuster, or Risk Analyst. These roles provide valuable exposure and experience in the field of insurance which can be helpful in understanding the fundamentals of risk evaluation.

1-15 of 26 Jobs
Liberty Mutual Insurance

Senior Surety Underwriter

Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....

WAHVE

Commercial Lines Underwriter (Remote)

  • WAHVE
  • Chicago, IL (21 miles from Romeoville, IL)
  • 7 days ago
  • WAHVE
  • Chicago, IL (21 miles from Romeoville, IL)
  • 7 days ago

TO BECOME A WORK-AT-HOME VINTAGE EXPERT, WE REQUIRE 25 years of full-time work experience 10 most recent years of Commercial Lines Property & Casualty insurance experience BENEFITS OF BECOMING A WAHVE...

Remote Work

Commercial Underwriter IV - Dealer Floor Plan Lending

  • Downers Grove, IL (12 miles from Romeoville, IL)
  • 1 day ago
  • Downers Grove, IL (12 miles from Romeoville, IL)
  • 1 day ago

Competencies Accuracy and Attention to Detail, Coaching Others, Credit Analysis and Verification, Decision Making and Critical Thinking, Effective Communications, Financial Analysis, Knowledge of Underwriting...

Senior Commercial Underwriter

  • Downers Grove, IL (12 miles from Romeoville, IL)
  • 4 days ago
  • Downers Grove, IL (12 miles from Romeoville, IL)
  • 4 days ago

Insurance designations, such as CPCU preferred Knowledge, Skills & Abilities: Excellent knowledge of underwriting and risk analysis Exceptional problem-solving skills and the ability to make sound...

Underwriting Analyst

  • Itasca, IL (23 miles from Romeoville, IL)
  • 7 days ago
  • Itasca, IL (23 miles from Romeoville, IL)
  • 7 days ago

The Underwriting Analyst is responsible for setting up new and renewal prospects for Stop Loss/Captive Underwriters, as well as performing all other necessary functions required to underwrite the prospect...

Underwriter Senior - Home Lending

  • Downers Grove, IL (12 miles from Romeoville, IL)
  • 9 days ago
  • Downers Grove, IL (12 miles from Romeoville, IL)
  • 9 days ago

Basic Qualifications: High school diploma or equivalent Three or more years of mortgage underwriting experience in the 1st mortgage arena (includes FHMA and FHLMC) Must have recent underwriting experience...

Remote Work

Middle Market Sr Sales Underwriting Specialist

  • Itasca, IL (23 miles from Romeoville, IL)
  • 12 days ago
  • Itasca, IL (23 miles from Romeoville, IL)
  • 12 days ago

Uses all appropriate underwriting tools (e.g. RQI, WC RST, UWWS, and CLAY.), disciplines and knowledge of strategies to ensure underwriting guidelines are followed....

Underwriter

  • Itasca, IL (23 miles from Romeoville, IL)
  • 12 days ago
  • Itasca, IL (23 miles from Romeoville, IL)
  • 12 days ago

The Underwriter is responsible for evaluating and underwriting stop-loss insurance....

Underwriting Assistant II - Striior (Hybrid)

  • Naperville, IL (9 miles from Romeoville, IL)
  • 14 days ago
  • Naperville, IL (9 miles from Romeoville, IL)
  • 14 days ago

The opportunity We currently have an opportunity for an Underwriting Assistant II to join our Specialty Striior team based in our Naperville, IL office....

Underwriting Assistant- Striior (Hybrid Full Time or Part Time)

  • Naperville, IL (9 miles from Romeoville, IL)
  • 14 days ago
  • Naperville, IL (9 miles from Romeoville, IL)
  • 14 days ago

Scans and attaches documentation into underwriting system. Orders various reports, such as MVR’s and ISO rate surveys, as applicable....

Commercial Lines Associate Underwriter (Commercial P&C)

  • Lisle, IL (10 miles from Romeoville, IL)
  • 15 days ago
  • Lisle, IL (10 miles from Romeoville, IL)
  • 15 days ago

As a property and casualty insurance company, Amerisure's promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as...

Sr. Technology & Life Sciences Loss Sensitive Underwriter, Account Executive Officer

  • Downers Grove, IL (12 miles from Romeoville, IL)
  • 18 days ago
  • Downers Grove, IL (12 miles from Romeoville, IL)
  • 18 days ago

+ Four years of underwriting experience. What Is in It for You?...

Commercial Underwriter, Senior

  • Hickory Hills, IL (15 miles from Romeoville, IL)
  • 19 days ago
  • Hickory Hills, IL (15 miles from Romeoville, IL)
  • 19 days ago

Meet quality standards as outlined in underwriting guidelines and policy; evaluation by Loan Review, OCC, to ensure acceptable underwriting or accurate asset quality ratings (AQR)....

Commercial Underwriter II

  • Hickory Hills, IL (15 miles from Romeoville, IL)
  • 22 days ago
  • Hickory Hills, IL (15 miles from Romeoville, IL)
  • 22 days ago

Key Accountabilities Underwrite and Decision Loans Underwrite and decision renewals and new credit requests focusing on appropriate due diligent, risk assessment and asset quality ratings (AQR) Meet...

Commercial Underwriter III

  • Hickory Hills, IL (15 miles from Romeoville, IL)
  • 22 days ago
  • Hickory Hills, IL (15 miles from Romeoville, IL)
  • 22 days ago

Key Accountabilities Underwrite and Decision Loans Underwrite and decision renewals and new credit requests focusing on appropriate due diligent, risk assessment and asset quality ratings (AQR) Meet...

Demographic Data for Romeoville, IL

Moving to Romeoville, IL? Find some basic demographic data about Romeoville, IL below.


Local
National
40,465
915
Medium

Underwriting Online Courses and Training Opportunities

iHireInsurance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Loan Processing: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...
AI for Loan Underwriting
Artificial Intelligence (AI) is transforming the financial landscape, particularly in loan underwriting, by enhancing efficiency, accuracy, and risk assessment. This course, AI for Loan...
Learn Commercial Underwriting and Credit Analysis
Have you noticed that Commercial Lenders have not been as open or willing to take a chance on inexperienced Commercial Underwriters due to the amount of training and effort required to bring one...

Title Synonyms

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Salary for Underwriting Jobs in Romeoville, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireInsurance research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Underwriting positions.



Highest Education Level

Underwritings in Romeoville, IL offer the following education background
Bachelor's Degree
49.6%
Master's Degree
14.5%
Associate's Degree
11.2%
High School or GED
10.0%
Vocational Degree or Certification
9.9%
Some College
2.4%
Doctorate Degree
2.1%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Underwritings in Romeoville, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


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